The part key to making money online is to be able to receive your money in your local currency.
If you live in a country like Nigeria, your options in getting paid online are limited because of the reputation of the “Nigerian Prince”.
So you can forget about PayPal although you can use it to send money outside the country, you cannot receive money in Nigeria using PayPal.
An alternative you can consider for receiving payments online is Payoneer.
What is Payoneer?
Payoneer is a global payment platform that empowers businesses, online sellers and freelancers to pay and get paid globally as easily as they do locally.
The first roadblock I faced as a writer when I wanted to start selling books on Amazon was the means for receiving my money in Nigeria.
My search for alternatives would lead me to Payoneer. I would link my Amazon account to my Payoneer by Electronic Fund Transfer and every month, I see the sales from my books on Amazon reflected in my Payoneer account.
Where Can You Use Payoneer in Nigeria?
The most popular use-case for Payoneer in Nigeria is on freelance websites. The trend of working from home is slowly growing in Nigeria.
Thanks to Payoneer, freelancers can cash out their earnings by sending them to a local bank.
My own use case for selling on Amazon is more of an outlier. However, the integration of the two services helps me collect my earnings in Naira.
The options for making money online in Nigeria have grown in the last decade.
This article has looked at how to receive payments in Nigeria with Payoneer.
Do you make money online? How do you do it? Please let me know in the comments below.